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2022
Exports $31.8MWorld Rnk 51 / 158
Flag Rnk 640 / 1216
2022
Destination $5.69M Ireland
2021 - 2022
FASTEST GROWING MARKET $5.69MFrance
2022
PRODUCT COMPLEXITY IN Rough Wood-1.3Rnk 908 / 1025
2022
Imports $130MWorld Rnk 21 / 205
Flag Rnk 539 / 1214
2022
Origin $31.5M Ireland
2021 - 2022
FASTEST GROWING ORIGIN $31.5MIreland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $31.8M in Rough Wood, making it the 51st largest exporter of Rough Wood in the world. At the same year, Rough Wood was the 640th most exported product in United Kingdom. The main destination of Rough Wood exports from United Kingdom are: Ireland ($16.2M), France ($5.81M), Germany ($2.46M), Vietnam ($1.57M), and Netherlands ($948k).

The fastest growing export markets for Rough Wood of United Kingdom between 2021 and 2022 were France ($5.69M), Germany ($2.37M), and Netherlands ($860k).

Imports In 2022, United Kingdom imported $130M in Rough Wood, becoming the 21st largest importer of Rough Wood in the world. At the same year, Rough Wood was the 539th most imported product in United Kingdom. United Kingdom imports Rough Wood primarily from: Ireland ($78.1M), Finland ($11.3M), Sweden ($9.89M), Norway ($7.44M), and Poland ($4.57M).

The fastest growing import markets in Rough Wood for United Kingdom between 2021 and 2022 were Ireland ($31.5M), Norway ($1.25M), and Lithuania ($1.2M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (9), Amazon (2), and Givaudan Fragrances (1) were at the forefront of shipping Rough Wood from United Kingdom to the United States.

Latest Trends

October 2024

About

Overview In October 2024 United Kingdom's Rough Wood exports accounted up to £1.45M and imports accounted up to £10.8M, resulting in a negative trade balance of £9.37M. Between October 2023 and October 2024 the exports of United Kingdom's   Rough Wood have decreased by £-828k (-36.3%) from £2.28M to £1.45M, while imports increased by £3.19M (41.8%) from £7.63M to £10.8M.

Destinations In October 2024, Rough Wood were exported mostly to Ireland (£1.01M), Norway (£160k), Germany (£113k), Iceland (£65.6k), and India (£24.3k), and were imported mostly from Ireland (£4.15M), Finland (£2.91M), Sweden (£1.53M), Norway (£475k), and Latvia (£380k).

Growth In October 2024, the decrease in Rough Wood's year-by-year exports was explained primarily by a decrease in exports to Ireland (£-429k or -36.5%), Denmark (£-1.17k or -45.5%), and Czechia (£-313 or -10.5%). In October 2024, the increase in Rough Wood's year-by-year imports was explained primarily by an increase in imports from Norway (£124k or 37.9%), Denmark (£85.3k or 603%), and Germany (£82.5k or 204%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)£-828k(-36.3%)
IMPORT GROWTH (October 2023 - October 2024)£3.19M(41.8%)
MAIN EXPORTER (October 2024)Greenock£931k
MAIN DESTINATION (October 2024)Ireland£1.01M

This section shows Rough Wood's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Rough Wood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$31.8M
IMPORTS (2022)$130M
NET TRADE (2022)-$98.1M

In 2022, United Kingdom exported $31.8M in Rough Wood. The main destinations of United Kingdom exports on Rough Wood were Ireland ($16.2M), France ($5.81M), Germany ($2.46M), Vietnam ($1.57M), and Netherlands ($948k).

In 2022, United Kingdom imported $130M in Rough Wood, mainly from Ireland ($78.1M), Finland ($11.3M), Sweden ($9.89M), Norway ($7.44M), and Poland ($4.57M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rough Wood EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
France$5.69M (4.55k%)
Germany$2.37M (2.57k%)
Netherlands$860k (982%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rough Wood BY United Kingdom WERE (2021 - 2022):
Ireland-$23.8M (-59.5%)
Belize-$361k (-100%)
United States-$266k (-57.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Rough Wood were:
New Zealand $2.3B
United States $1.99B
Germany $1.17B
In 2022, United Kingdom's main importing competitors in Rough Wood were:
China $6.5B
India $951M
Austria $829M

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Trade Value of Rough Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.61M
TOP IMPORT POTENTIALFrance+ $4.08M

Rough Wood’s highest export potential is Germany. With an export gap of $2.61M.   Rough Wood’s highest import potential is France with an import gap of $4.08M.

See methodology.

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